Is inflation really lower in Europe?
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Dear Phan, | Eurostat, the statistical office of the European Union, has published recent data indicating that the euro area's annual inflation rate dropped from 8.5% in February 2023 to 6.9% in March. | It also showed that the annual inflation rate of the European Union decreased from 9.9% in February to 8.3% in March. Trade now! | But today, the EU will publish its consumer confidence report at 5:00 pm GMT. | If the report shows that consumer confidence in Europe is lower than expected, it could hurt the Euro and shatter the credibility of the data. | | | |
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